Premarket stocks: This is what doomed Elon Musk’s Twitter deal

The S&P 500 was 14% higher and had yet to enter a bear market. The war in Ukraine and inflation concerns had pushed investors into selling mode, but sentiment hadn’t collapsed. And Tesla, the electric carmaker that’s the main source of Musk’s wealth, was about to announce record profits. In this climate, Musk’s offer to …

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